Key facts

UNE unit code: LSSU594

*You are viewing the 2024 version of this unit which may be subject to change in future.

Start
  • Trimester 1 - Online
24/7 online support
  • Yes
Intensive schools
  • No
Supervised exam
  • Yes
Credit points
  • 6

Unit information

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If you are not studying law but you want to develop your understanding of commercial and financial services law, this unit is an excellent option.

You will gain insights and foundational knowledge in the Australian legal system as well as the legal principles of relevance to commercial relationships.

Specifically focusing on financial planning and advising under the Corporations Act 2001, topics include the Australian legal system, an overview of the law of torts and property law, contract law and consumer law, business structures and the law of agency, structure of companies, corporate governance, corporate liability, corporate finance and financial services law.

You will also explore the information content of a financial services guide and the requirements for issuing a statement of advice, as well as an overview of the requirements of anti-money laundering regulations and the implications of privacy laws for issuing financial planning advice.

Offerings

For further information about UNE's teaching periods, please go to Principal Dates.

Teaching period
Mode/location
Trimester 1Online

*Offering is subject to availability

Intensive schools

There are no intensive schools required for this unit.

Enrolment rules

Pre-requisites
candidature in GradCertAcc or GradCertCom or GradDipAcc or GradDipCom or GradDipFinPla or MCom or MPA or GradDipTranSuccPlan
Restrictions
GSB410 or GSB748 or GSB749 or LS379 or LSSU394 or LSSU450 or LSSU451 or LSSU591 or MBA748 or MBA749
Combined units

Notes

This unit has been amended from Trimester 2 2019 to comply with FASEA curriculum requirements.

This unit can be undertaken in the Graduate Diploma in Financial Planning or on a Non-Award basis as a stand-alone bridging subject to meet FASEA's Education Standard for existing Financial Advisors with approved or relevant degrees. Please see the Non-Award course entry in the Course and Unit Catalogue to apply now.

Please refer to the student handbook for current details on this unit.

Unit coordinator(s)

Anne Fitzgerald

Learning outcomes

Upon completion of this unit, students will be able to:

  1. demonstrate an advanced understanding of aspects of the Australian legal system, its sources of law, and how the system operates in relation to regulating business and commercial activities;
  2. use cognitive and creative skills to exercise critical thinking and judgment in demonstrating the application of principles of relevant case law and legislation to particular sets of facts;
  3. demonstrate an advanced understanding of how the legal system operates in relation to regulating business and commercial activities; and also develop and present skilled analysis of the advantages and disadvantages of business structure choices; and
  4. identify and critically analyse, synthesise, and consolidate a persuasive and coherent legal argument that applies the principles of corporations law, especially corporate governance rules, to complex fact situations and identify remedies available for their enforcement.
  5. identify the Chapter 7 obligations for retail clients for the use of FSG and SoA; as well as the consequences for breach reporting; the penalty regime and compliance with AML/CTF, as well as the privacy laws.

Assessment information

Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

TitleMust CompleteWeightOfferingsAssessment Notes
Assignment 1Yes40%All offerings

Written assignment.Students must attempt this assessment to pass the unit.

No. Words: 3000

Open Book ExaminationYes60%All offerings

Students must attempt this exam to pass the unit.

 

Learning resources

Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

CORPBUS930

ISBN: 9780001550988

LexisNexis 2024

Note: Pack includes "Australian Corporations Legislation Practitioner Edition 2024" (ISBN:9780409359398) and Fitzpatrick, J., Symes, C., Parker, D. and Veljanovski, A., "Business and Corporations Law", 5th ed. 2022 (ISBN: 9780409355215) If this unit has an online supervised exam (go to Online Supervised Exams for more information) you will be permitted to refer to the e-text during the online supervised exam, only if they are on the desktop/laptop computer upon which you are sitting your exam.

Text refers to: All offerings

See Note

Note: Partnership Act 1892 (NSW) Available from NSW Legislation. If this unit has an online supervised exam (go to Online Supervised Exams for more information) you will be permitted to refer to the e-text during the online supervised exam, only if they are on the desktop/laptop computer upon which you are sitting your exam.

Text refers to: All offerings

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